VERITY RESOURCES LIMITED — Director's Dealing 2013

Apr 2, 2013

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TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED

Market Cap

DATE: 3 APRIL 2013

Cash

CHANGE OF DIRECTORS INTERESTS

Botswana Metals Limited advises of a change in the interests held in the Company’s shares by Mr Massimo Cellante, a Director of the Company.

Issued Capital

The respective Appendix 3Y: Change of Director’s Interest Notice for Mr Cellante follows.

Substantial shareholders

Pat Volpe

Chairman

Directors

Registered Office

Contact

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ABN 96 122 995 073
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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity BOTSWANA METALS LIMITED

ABN 96 122 995 073

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	MASSIMO LIVIO CELLANTE
Date of last notice	21 FEBRUARY 2011

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Interest arises due to the operation of section 608(3) of the Corporations Act 2001 which gives the Director a deemed relevant interest in the shares. Further information is provided in the substantial hlofing notices given by Bell IXL Investments Limited (ACN 113 669 908) (“Bell IXL”) to Botswana Metals Limited and the ASX inder section 671B of the_Corporations Act 2001._
Date of change	27 March 2013
No. of securities held prior to change	1. 10,989,709 2. 7,500,000
Class	1. Ordinary shares (fully paid) 2. Options to acquire ordinary shares (10 cent exercise price, expiring 30 June 2013)
Number acquired	Nil
Number disposed	1. 459,980 2. Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. $9,920 2. Nil
No. of securities held after change	1. 10,529,729 2. 7,500,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No, however in accordance with the Company’s Securities Trading Policy prior written clearance is required for any dealings in Company Securities byKeyManagement Personnel.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade to proceed during this period?	Written clearance was sought in accordance with the Company’s Securities Trading Policy and provided in accordance with the companies Securities Trading Policy.
If prior written clearance was provided, on what date was this provided?	25 March 2013

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3